Harvard Bioscience Future Growth

Future criteria checks 3/6

Harvard Bioscience is forecast to grow earnings and revenue by 98.9% and 7.2% per annum respectively. EPS is expected to grow by 99.1% per annum. Return on equity is forecast to be 7.8% in 3 years.

Key information

98.9%

Earnings growth rate

99.1%

EPS growth rate

Life Sciences earnings growth	17.4%
Revenue growth rate	7.2%
Future return on equity	7.8%
Analyst coverage	Low
Last updated	08 Mar 2024

Recent future growth updates

Recent updates

Even With A 25% Surge, Cautious Investors Are Not Rewarding Harvard Bioscience, Inc.'s (NASDAQ:HBIO) Performance Completely

Dec 22

Harvard Bioscience, Inc.'s (NASDAQ:HBIO) Intrinsic Value Is Potentially 60% Above Its Share Price

Sep 23

Harvard Bioscience, Inc. (NASDAQ:HBIO) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Aug 10

An Intrinsic Calculation For Harvard Bioscience, Inc. (NASDAQ:HBIO) Suggests It's 23% Undervalued

Apr 26

Here's Why Harvard Bioscience (NASDAQ:HBIO) Can Afford Some Debt

Apr 11

Harvard Bioscience GAAP EPS of $0.05 beats by $0.06, revenue of $29.2M misses by $1.2M

Aug 04

An Intrinsic Calculation For Harvard Bioscience, Inc. (NASDAQ:HBIO) Suggests It's 25% Undervalued

May 04

These 4 Measures Indicate That Harvard Bioscience (NASDAQ:HBIO) Is Using Debt Extensively

Apr 19

Analysts Are Optimistic We'll See A Profit From Harvard Bioscience, Inc. (NASDAQ:HBIO)

Apr 04

Have Insiders Sold Harvard Bioscience, Inc. (NASDAQ:HBIO) Shares Recently?

Mar 20

What Kind Of Shareholders Hold The Majority In Harvard Bioscience, Inc.'s (NASDAQ:HBIO) Shares?

Mar 07

Harvard Bioscience (NASDAQ:HBIO) Shareholders Have Enjoyed A 92% Share Price Gain

Feb 17

An Intrinsic Calculation For Harvard Bioscience, Inc. (NASDAQ:HBIO) Suggests It's 35% Undervalued

Feb 02

Have Insiders Been Buying Harvard Bioscience, Inc. (NASDAQ:HBIO) Shares This Year?

Jan 15

Harvard Bioscience: Wait For The Green Shoots Of Improvement

Jan 12

When Will Harvard Bioscience, Inc. (NASDAQ:HBIO) Become Profitable?

Dec 28

Is Harvard Bioscience (NASDAQ:HBIO) Using Too Much Debt?

Dec 11

At US$3.78, Is Harvard Bioscience, Inc. (NASDAQ:HBIO) Worth Looking At Closely?

Nov 26

Harvard Bioscience, Inc. 2020 Q3 - Results - Earnings Call Presentation

Nov 08

Earnings and Revenue Growth Forecasts

NasdaqGM:HBIO - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	140	8	14	18	1
12/31/2025	126	3	11	15	2
12/31/2024	114	0	8	11	2
12/31/2023	112	-3	12	14	N/A
9/30/2023	113	-3	11	12	N/A
6/30/2023	114	-5	7	9	N/A
3/31/2023	115	-2	4	5	N/A
12/31/2022	113	-10	0	1	N/A
9/30/2022	118	-7	-3	-1	N/A
6/30/2022	121	-4	-4	-3	N/A
3/31/2022	121	-6	-3	-2	N/A
12/31/2021	119	0	0	1	N/A
9/30/2021	117	-2	2	4	N/A
6/30/2021	111	-3	5	6	N/A
3/31/2021	105	-4	6	7	N/A
12/31/2020	102	-8	8	9	N/A
9/30/2020	102	-7	8	9	N/A
6/30/2020	105	-8	9	11	N/A
3/31/2020	112	-7	8	9	N/A
12/31/2019	116	-5	7	8	N/A
9/30/2019	119	-2	8	8	N/A
6/30/2019	120	0	3	4	N/A
3/31/2019	122	-1	4	4	N/A
12/31/2018	121	-4	2	3	N/A
9/30/2018	109	-8	-2	-1	N/A
6/30/2018	99	-8	2	3	N/A
3/31/2018	86	-7	1	2	N/A
12/31/2017	77	-2	0	1	N/A
9/30/2017	82	-3	N/A	4	N/A
6/30/2017	88	-4	N/A	5	N/A
3/31/2017	96	-4	N/A	5	N/A
12/31/2016	105	-4	N/A	5	N/A
9/30/2016	106	-20	N/A	5	N/A
6/30/2016	107	-19	N/A	2	N/A
3/31/2016	110	-18	N/A	0	N/A
12/31/2015	109	-19	N/A	1	N/A
9/30/2015	111	-2	N/A	0	N/A
6/30/2015	110	0	N/A	1	N/A
3/31/2015	109	0	N/A	3	N/A
12/31/2014	109	2	N/A	4	N/A
9/30/2014	106	2	N/A	4	N/A
6/30/2014	106	1	N/A	5	N/A
3/31/2014	105	1	N/A	5	N/A
12/31/2013	105	1	N/A	4	N/A
9/30/2013	106	4	N/A	4	N/A
6/30/2013	107	4	N/A	5	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HBIO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: HBIO is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HBIO is expected to become profitable in the next 3 years.

Revenue vs Market: HBIO's revenue (7.2% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: HBIO's revenue (7.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HBIO's Return on Equity is forecast to be low in 3 years time (7.8%).

Harvard Bioscience Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Harvard Bioscience, Inc. Provides Revenue Guidance for the Full Year 2024

Harvard Bioscience, Inc. Provides Revenue Guidance for the Year 2023

Harvard Bioscience, Inc. Provides Earnings Guidance for Full Year 2023

Forecast breakeven date moved forward to 2023

Forecast breakeven date pushed back to 2023

Price target decreased to US$8.50

Recent updates

Harvard Bioscience, Inc. to Report Q1, 2024 Results on May 07, 2024

Harvard Bioscience, Inc. Announces Action to Improve Operational Efficiency and Support Ongoing Investments in Growth

Harvard Bioscience, Inc., Annual General Meeting, May 14, 2024

New minor risk - Shareholder dilution

Full year 2023 earnings: EPS misses analyst expectations

Harvard Bioscience, Inc. Provides Revenue Guidance for the Full Year 2024

Harvard Bioscience to Showcase Latest Solutions for Preclinical and Organoid Applications At Society of Toxicology Meeting

Harvard Bioscience, Inc. to Report Q4, 2023 Results on Mar 07, 2024

Even With A 25% Surge, Cautious Investors Are Not Rewarding Harvard Bioscience, Inc.'s (NASDAQ:HBIO) Performance Completely

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Harvard Bioscience, Inc. Provides Revenue Guidance for the Year 2023

Harvard Bioscience, Inc. to Showcase Latest Innovations in Preclinical and Organoid Research At Society for Neuroscience Conference

Harvard Bioscience, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Harvard Bioscience, Inc.'s (NASDAQ:HBIO) Intrinsic Value Is Potentially 60% Above Its Share Price

President recently bought US$110k worth of stock

Harvard Bioscience, Inc. (NASDAQ:HBIO) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny

New minor risk - Shareholder dilution

Harvard Bioscience, Inc. Provides Earnings Guidance for Full Year 2023

Now 22% undervalued after recent price drop

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Harvard Bioscience, Inc. to Report Q2, 2023 Results on Aug 08, 2023

Now 20% undervalued

Harvard Bioscience, Inc. Appoints Jennifer Cote as Chief Financial Officer

An Intrinsic Calculation For Harvard Bioscience, Inc. (NASDAQ:HBIO) Suggests It's 23% Undervalued

Here's Why Harvard Bioscience (NASDAQ:HBIO) Can Afford Some Debt

President recently bought US$105k worth of stock

Forecast breakeven date moved forward to 2023

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Harvard Bioscience, Inc. Announces CFO Changes

President recently bought US$75k worth of stock

Insufficient new directors

Third quarter 2022 earnings released: US$0.082 loss per share (vs US$0.004 loss in 3Q 2021)

Harvard Bioscience, Inc. to Report Q3, 2022 Results on Nov 08, 2022

Insufficient new directors

Insufficient new directors

Lead Independent Director recently bought US$83k worth of stock

President recently bought US$128k worth of stock

Forecast breakeven date pushed back to 2023

Price target decreased to US$8.50

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Harvard Bioscience GAAP EPS of $0.05 beats by $0.06, revenue of $29.2M misses by $1.2M

Harvard Bioscience, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Harvard Bioscience, Inc.(NasdaqGM:HBIO) dropped from Russell 2000 Dynamic Index

President recently bought US$111k worth of stock

Harvard Bioscience (NASDAQ:HBIO) Takes On Some Risk With Its Use Of Debt

President recently bought US$147k worth of stock

Forecast breakeven date pushed back to 2023

First quarter 2022 earnings released: US$0.17 loss per share (vs US$0.017 loss in 1Q 2021)

Harvard Bioscience, Inc. Introduces Smartstudy™ First of Kind, Next Generation Inhalation System Capability Improves Precision and Drives Growth

Harvard Bioscience, Inc. to Report Q1, 2022 Results on May 04, 2022

Harvard Bioscience, Inc., Annual General Meeting, May 17, 2022

Harvard Bioscience - Dressed Up And Waiting For A Suitor

Full year 2021 earnings: EPS misses analyst expectations

Harvard Bioscience, Inc. to Report Q4, 2021 Results on Mar 08, 2022

Here's Why Harvard Bioscience (NASDAQ:HBIO) Can Manage Its Debt Responsibly

Harvard Bioscience, Inc. Announces Executive Changes

Forecast breakeven date pushed back to 2022

Third quarter 2021 earnings released: US$0.004 loss per share (vs US$0.028 loss in 3Q 2020)

Is Harvard Bioscience (NASDAQ:HBIO) Using Too Much Debt?

Is Harvard Bioscience, Inc. (NASDAQ:HBIO) Trading At A 37% Discount?

President recently sold US$386k worth of stock

Second quarter 2021 earnings released: US$0.01 loss per share (vs US$0.041 loss in 2Q 2020)

Price target increased to US$9.67

Harvard Bioscience, Inc. Files A Motion to Vacate the Suffolk Superior Court’S Order Allowing Plaintiff’S Motion for Sanctions

Independent Director has left the company

President notifies of intention to sell stock

Price target increased to US$9.00

Harvard Bioscience, Inc. Provides Financial Guidance for 2021

First quarter 2021 earnings released: US$0.017 loss per share (vs US$0.12 loss in 1Q 2020)